In an article published in Bloomberg Law on July 30, Kelley Halliburton discusses determining the most cost-effective e-discovery vendor for ongoing or impending litigation.
“Different pricing models and terminology make accurate price comparisons difficult to achieve,” she shares. “Knowing some basic parameters, such as the timeline and approximate data size, will assist with understanding the options and arriving at the most optimal arrangement.”
Halliburton explains and compares two basic pricing models, traditional ala carte and “all-in,” or flat-rate, pricing. “When comparing pricing based on these different models, it is important to keep in mind the anticipated length of time the matter will be active and the amount of data involved,” she explains.
A traditional ala carte model has high up-front cost, lower month-to-month costs for hosting promoted data during review, and another high cost at production. Using a flat-rate model can lessen the start-up costs and smooth the month-to-month costs including eliminating the spike at production. However, as a matter goes on, the costs of the all-in bundled pricing may end up costing more than the ala carte pricing long term.
For the full article, click here.